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McKinsey says China advantage for some Western firms is fading
CNBCs The China Connection newsletter highlights a McKinsey perspective that many U.S. and European corporations that once benefited from China face a changing reality, with the advantage starting to erode.
The newsletter frames the shift as an end to the period in which companies enjoyed a structural edge from their China exposure, suggesting conditions have moved away from that earlier setup.
According to CNBC World, the core point is that the tailwinds for Western corporate performance tied to China no longer look as reliable as before.
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